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Forex Market News
Forecast For Gold Prices XAUUSD Rises on Cautious Market Sentiment and Targets $2,400
The price of gold bounces back from its recent lows, trading on Thursday during the Asian session at about $2,370 per troy ounce. Amid increased geopolitical tensions in the Middle East, traders are becoming more cautious, helping the safe-haven yellow metal gain ground. According to Reuters, Israeli retaliation to Iranian
Return to Buying With Caution
Until the services PMI showed extremely risky sectoral performance, which also turned the Nasdaq around, the S&P 500 bears were in the lead. The ADP employment change was acceptable; nevertheless, considering the manufacturing PMI’s prior success in exceeding expectations, I was expecting a substantial beat from the services PMI as
Gold Reaches a New High Amid Growing Tensions in The Middle East and High US Yields
The price of Gold rose to fresh all-time highs of $2,276 late in the North American session despite rising US Treasury yields and geopolitical concerns. The US economy’s economic data caused investors to flee to safe-haven assets, which increased the price of yellow metal. As of this writing, XAU/USD is
Watch US PCE Statistics as Gold Flirts With Record Highs Above $2,230
The price of gold flirted with record highs on Friday during the Asian session, hovering around $2,230. Safe-haven flows amid mounting economic worries and the possibility of a US Federal Reserve interest rate reduction supported the yellow metal’s surge. Technical Overview There is still potential for price growth in gold
The Price Of Gold Continues to Consolidate Below $2,200
Wednesday’s Asian session saw some dip buying in the gold market (XAU/USD), which appears to have stopped the previous day’s late decline from the psychological $2,200 level for the time being. Last Thursday, the Federal Reserve (Fed) signaled that it is still planning to lower interest rates by 75 basis
Stronger US Dollar And Lower Australian Consumer Prices Cause The Australian Dollar to Weaken
On Wednesday, the Australian Dollar (AUD) continued to decline for the second straight session. The Reserve Bank of Australia (RBA) may decide to adopt a dovish position on the trajectory of interest rates in response to lower-than-expected Australian consumer prices, which causes the AUD/USD pair to decline. This view is
Forecast For Gold Prices XAUUSD Rises on Cautious Market Sentiment and Targets $2,400
The price of gold bounces back from its recent lows, trading on Thursday during the Asian session at about $2,370 per troy ounce. Amid increased
Return to Buying With Caution
Until the services PMI showed extremely risky sectoral performance, which also turned the Nasdaq around, the S&P 500 bears were in the lead. The ADP
Gold Reaches a New High Amid Growing Tensions in The Middle East and High US Yields
The price of Gold rose to fresh all-time highs of $2,276 late in the North American session despite rising US Treasury yields and geopolitical concerns.
Watch US PCE Statistics as Gold Flirts With Record Highs Above $2,230
The price of gold flirted with record highs on Friday during the Asian session, hovering around $2,230. Safe-haven flows amid mounting economic worries and the
The Price Of Gold Continues to Consolidate Below $2,200
Wednesday’s Asian session saw some dip buying in the gold market (XAU/USD), which appears to have stopped the previous day’s late decline from the psychological
Stronger US Dollar And Lower Australian Consumer Prices Cause The Australian Dollar to Weaken
On Wednesday, the Australian Dollar (AUD) continued to decline for the second straight session. The Reserve Bank of Australia (RBA) may decide to adopt a
Manta Network Price Anticipates Instability Since Flood Markets Will Cause $44 Million Worth of MANTA
The price of Manta Network (MANTA) was not immune to the broader market meltdown caused by a flaw in the Bitcoin (BTC) market. Even if
BlackRock Adds Five Wall Street Firms and Modifies Its Bitcoin ETF
ABN AMRO, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities are among the newest members of BlackRock. On April 5, global asset manager
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